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Renting out a Room in your Home – Monday to Friday. An alternative to full-time renting for homeowners
Renting out a Room in your Home There is a broad spectrum of homeowners who, for various reasons, are now considering whether to become landlords. Whether it is the first time owner looking for lodgers to ease mortgage payments, the “empty nester” with space now that the children have moved away or young families seeking…
Read MoreThe Impact of Covid-19 on the Accommodation sector in Ireland – what does the future hold?
Covid-19 is everywhere, literally! Everyone you talk to the conversation invariably turns to the Coronavirus. The numbers, the statistics, businesses affected, financial implications, recession looming – all bleak and gloomy facts and figures. With respect to accommodation, the narrative surrounds hotels and the hospitality sector and again the clouds are only dark ones. But in…
Read MoreSpare Room? Don’t leave it idle. Use the rent a room scheme and earn extra cash!
Rent a Room Scheme Currently in Ireland there is a well-documented student accommodation crisis (obviously the Covid-19 situation is having a hugely negative impact on accommodation currently). This in turn has led to a spare room rental boom. Each budget announcement sees the Rent-a-Room scheme tax incentive go, to where it is now sitting at €14,000…
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